Author: NBTC

Borderless Capital has unveiled its third DePIN fund with $100 million in backing. The fund counts DePIN-focused blockchain Peaq amongst its investors, as well the Solana Foundation and Jump Crypto amongst others. Investment manager Borderless Capital has unveiled its third decentralized physical infrastructure (DePIN) fund with $100 million in backing. The fund counts DePIN-focused blockchain Peaq amongst its investors, as well the Solana Foundation and Jump Crypto amongst others, Borderless announced via email on Wednesday. DePIN refers to physical infrastructure networks built using blockchain technology and token incentives which other projects can use without having to buy and run their…

The distribution of tokens will be based on three main criteria: Honesty, Diligence and Score. [OverProtocol: Who is eligible for airdrop] Airdrop opportunities: Who can claim?@over_wallet : Those who have passed Sybil detection. The airdrop amount depends on your OverWallet points, friend cards, and testnet activities. Q. What if I didn’t pass Sybil detection?A.… — Over Protocol🌐 | Validate-to-Earn (@overprotocol) August 16, 2024 This initiative seeks to build a strong community and facilitate the use of its services, rewarding those who have demonstrated a genuine commitment to the project. For OverWallet users, eligibility for the airdrop is conditional on passing…

While Bitcoin’s price remains significantly below its weekly highs, Bitcoin bulls like Michael Saylor, chairman of MicroStrategy, continue to boast staggering billion-dollar profits in their Bitcoin portfolios. Data from a tracking portal shows MicroStrategy holds 226,331 BTC tokens, acquired for $8.37 billion over the last four years at an average of $36,990 per token. At Bitcoin’s current value of $66,282, this Bitcoin investment has yielded a profit of over $6.66 billion, representing an impressive 79% gain over four years. The profit ratio becomes even more remarkable when considering Bitcoin’s recent all-time high of $73,750. Notably, MicroStrategy has been consistently purchasing…

An Ethereum ICO participant just deposited 10,000 ETH to the Kraken exchange today after two years of dormancy. Data from Etherscan shows that an Ethereum whale, who has been dormant for two years, has moved a portion of his Ether stash for possible sales. The wallet awakened today, transferring 10,000 ETH to the crypto exchange Kraken by 7:47 AM (UTC). The whale sold the Ethereum for $24.37 million at an average price of $2,437 per coin. With the sales, the wallet now holds 9,298 ETH ($22.63 million). It bears mentioning that the wallet participated in Ethereum’s initial coin offering (ICO)…

Main Takeaways: Binance Labs has invested in Hemi Labs, the creator of Hemi, a pioneering Layer-2 blockchain network that integrates Bitcoin and Ethereum for enhanced security and programmability. Binance Labs has invested in Hemi Labs, the creator of the Hemi Network (“Hemi”). Hemi is a modular blockchain network designed for superior scaling, security, and interoperability, unifying Bitcoin and Ethereum as components of a novel supernetwork. Hemi is focused on advancing the technical, economic, and social layers that reside between the industry’s two largest and most utilized protocols. By combining Bitcoin’s robust security and capital base with Ethereum’s flexibility and programmability,…

Recently, a new token named GRAND appeared on the TON blockchain and has seen significant price increases. Grand Combat is a clicker game that is available to all users on Telegram Messenger and is related to the token GRAND. The MAU (Monthly Active Users) metric shows that the game has already drawn in over five million registered users. Mini-app games have been increasingly popular in the TON ecosystem lately, with many players using Telegram as their primary app. The games that use clicker mechanics — which frequently involve token airdrops as incentives for player participation — have been particularly successful.…

As summer is currently fast approaching, several crypto traders and analysts have cranked up their optimism for Bitcoin price trajectory. Among them is well-known crypto analyst, Rekt Capital, who has recently shared insights on BTC next move, suggesting that the asset is poised for a significant breakout in September. This sentiment is echoed by other market analysts who have been closely analyzing recent trends and historical data. What the Bullish September Sentiment Is Based On Rekt Capital pointed out that despite Bitcoin’s failure to break out from its reaccumulation range post-April’s Bitcoin halving, it is still “on track for a…

A prominent Ethereum trader has recently witnessed a turn of events. As per Lookonchain, a well-known on-chain analytics provider, the $ETH trader, after getting significant attention for making all profitable trades, has gone through the earliest loss of up to $71.4K. The analytics platform took to its official X account to offer insights into this event. This smart trader with a 100% win rate has just completed another trade, but this time he lost money!He sold 5,690 $ETH($13.1M) at $2,304 yesterday and bought back 5,660 $ETH($13.1M) at $2,316 just now, losing 30.8 $ETH($71.4K)!https://t.co/6j9IRgvFNM pic.twitter.com/iPEoF5fY9q — Lookonchain (@lookonchain) September 18, 2024…

Consumers are wary about using CBDCs, despite the fact that most central banks are exploring using these cryptocurrencies, according to a survey by Deutsche Bank. The COVID-19 pandemic hastened the shift towards digital payments, the report said Only 16% of those surveyed thought that central bank digital currencies would go mainstream. Consumers are still reluctant to use central bank digital currencies (CBDCs), despite the fact that 94% of central banks globally are exploring using these cryptocurrencies, according to a survey by Germany’s Deutsche Bank (DB) The bank surveyed 4,850 consumers in Europe, the U.K. and the U.S. in March this…

Synapse, the interoperability protocol and cross-chain bridge, has seen its native token soar after Binance Futures news. On Aug. 16, the price of Synapse (SYN) surged to over $0.57 after gaining more than 40% in 24 hours. Daily trading volume increased by 203% to over $68 million, while market capitalization hovered around $107 million following the 40% spike at the time of writing. Binance Futures adds SYN The gains for the inter-blockchain compatibility project came after a major listing announcement by leading crypto exchange Binance. Futures trading allows traders to buy or sell the underlying asset — whether it be…